Universal Music announces the removal of its songs from the TikTok application. The move follows a breakdown in negotiations over issues such as artist and songwriter pay.
In response, TikTok said it was “sad and disappointing that Universal Music Group put its own greed ahead of the interests of its artists. ” Universal accused TikTok of “trying to build a business based on music, without paying fair value for the music’ The two sides discussed the terms of a new deal, with the existing contract set to expire Wednesday.